📣 Sotheby's, one of the world's leading auction houses, faces a class action lawsuit alongside Yuga Labs and MoonPay over celebrity NFT endorsements. 🖼️ The suit alleges that free NFTs given to 40 entities, including individuals and companies, artificially inflated BAYC NFT prices. ⚖️ Sotheby's was drawn into the dispute as plaintiffs claim its involvement blurred perceptions by citing FTX's purchase of 101 BAYCs for $24.4 million post-bankruptcy. The auction house vows to refute these claims, standing firm against the allegations. 🛡️🏛️ #NFTs #Lawsuit #ArtMarket #BitcoinWorld